Investors in Venture Capital funds are presented with a dilemma: top-decile performers capture most of the asset class's alpha, yet it's quasi-impossible to get access to established funds with stellar track records. Many turn to "younger" firms, called Emerging VCs, with various fates. The "super power law" is even more entrenched in this category, where| The VC Factory › Mindset-Based Investing
The legendary Investor Arthur Rock, who practically invented Venture Capital, drilled entrepreneurs to understand how lucid they were about their venture. Isn't overconfidence a force in entrepreneurs?| The VC Factory › Mindset-Based Investing